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2025 DAILYLAW 86418 (KAR)

SRI. V KRISHNA v. M/S SHRIRAM GENERAL INSURANCE CO LTD

MFA/8106/2025 · 2025-12-13

Lok Adalath

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

1 HIGH COURT LEGAL SERVICES COMMITTEE, BENGALURU BEFORE THE NATIONAL LOK ADALAT IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 13TH DAY OF DECEMBER 2025 CONCILIATORS PRESENT: THE HON’BLE SMT. JUSTICE LALITHA KANNEGANTI & SRI. RAVI S. SAMPRATHI, MEMBER M.F.A.No.8106/2025 (MV) (Lok Adalat No.8863/2025) BETWEEN: SRI. V.KRISHNA S/O VENKATAPPA AGED ABOUT 52 YEARS, RESIDING AT NO.891, ULLALU, BANGALORE-56. PRESENTLY RESIDING AT NEAR GANGA INTERNATIONAL SCHOOL INDIRANAGAR, DODDABIDARIKALLU NAGASANDRA POST, BANGALORE-560 073. ...APPELLANT (BY SRI.LAKSHMANA R., ADVOCATE) AND 1 . M/S SHRIRAM GENERAL INSURANCE CO LTD BY ITS MANAGER, NO. 3/5, 3RD FLOOR S.V.ARCADE, BILAKAHALLI MAIN ROAD, OFF, BANNERGHATTA MAIN RD, Digitally signed by DEEPU M Location: HIGH COURT OF KARNATAKA 2 IIM POST, BENGALURU-560 076 2 . SRI ROOPESH KUMAR.C., MAJOR NO.75, 23RD CROSS, ITTAMADU MAIN ROAD, ITTAMADU LAYOUT, BSK 3RD STAGE BANGALORE-560 085 ….RESPONDENTS (BY SRI. B. PRADEEP, ADVOCATE FOR R1) THIS MFA IS FILED U/S 173(1) OF MV ACT AGAINST THE JUDGMENT AND AWARD DATED 06.02.2025 PASSED IN MVC NO.4217/2023 ON THE FILE OF THE VIII ADDITIONAL JUDGE, COURT OF SMALL CAUSES AND ACJM AND THE MOTOR ACCIDENT CLAIMS TRIBUNAL, BENGALURU (SCCH-5), BY ALLOWING THE CLAIM PETITION IN ITS ENTIRETY WITH 12% INTEREST IN THE ENDS OF JUSTICE AND EQUITY. THIS APPEAL COMING ON FOR CONCILIATION BEFORE NATIONAL LOK ADALAT, THE FOLLOWING CONCILIATION ORDER IS PASSED: CONCILIATION ORDER The learned Counsel appearing for the Appellant - Claimant is present. The learned Counsel appearing for the Respondent – Insurance Company along with its representative are present. 2. After prolonged negotiations, the matter is settled. A joint memo signed by the learned advocate appearing for the appellant/claimant (being 3 authorized by the appellant/claimant to sign) and the learned advocate appearing for the respondent-Insurance Company and its authorized officer is filed. The appellant-claimant has agreed to receive and the respondent -Insurance Company has agreed to pay a lump-sum of Rs.2,50,000/- (Rupees Two Lakh Fifty Thousand only), in addition to what has been awarded by the Tribunal, in full and final settlement of the claim. 3. The Respondent - Insurance Company has agreed to deposit the said amount before the Tribunal within six weeks from the date of preparation of award, failing which, the said amount shall carry interest at the rate of 9% P.A. from the date of default, till the date of deposit. 4. The entire enhanced compensation amount shall be released in favour of the appellant/claimant, on proper identification. 5. This Miscellaneous First Appeal stands disposed of in terms of the Joint memo. The Judgment and Award of the Tribunal shall stand modified accordingly. Draw up the Award accordingly. Sd/- JUDGE Sd/- MEMBER TS